STRC, Strategy’s perpetual preferred stock, traded as low as $82.61 on June 18 before recovering to $88.59, putting the security nearly 17% below its $100 stated amount at the intraday low. MSTR fell 3.4% to $112.53 during the same session, while Bitcoin traded near $62,730, down about 2.5%. Strategy designed STRC to hover around $100…
The Philippine Securities and Exchange Commission (SEC) has signaled that the country is ready to accommodate the tokenization of real-world assets (RWAs), with Commissioner Rogelio Quevedo saying he believes the necessary legal and regulatory foundations are in place. Speaking onstage at the Philippine Blockchain Week 2026, Quevedo said the SEC was “now fully convinced that…
The XRP community’s reaction to the Ripple Swell 2026 announcement was immediate and hostile. Retail holders flooded the @RippleSwell reply thread within hours of the announcement. The consistent theme was not excitement about 1,500 attendees or a merged XRPL Apex agenda; it was anger that Ripple’s flagship institutional event appears to be building a case…
The Space Exploration Technologies (SPCX 3.44%) initial public offering (IPO) was a major success. Initially, the company (commonly known as SpaceX) targeted a $1.77 trillion valuation, enough to fund a $75 billion capital raise. Today, SpaceX’s market cap is closer to $2.5 trillion, with total IPO proceeds ending up at around $86 billion. Demand for the…
Key Takeaways Kash Patel warned crypto scammers as the FBI next tracks threats after seizing 127,000 BTC in May. Aided by Starlink, the FBI hit scam rings and next eyes human trafficking after 300 arrests in May. Operation Level Up saved $500M by Dec 2025, with the FBI next scaling alerts to stop pig butchering….
Plant growing in coins jar financial investment by Tinnakorn via Adobe Stock With a market cap of $97.4 billion, Robinhood Markets, Inc. (HOOD) operates a digital platform for investing and personal finance. The platform enables users to trade stocks, ETFs, American depositary receipts, cryptocurrencies, options, and futures, while also offering features such as fractional investing, retirement…
Shiba Inu (SHIB) trades near $0.00000476 with weak short-term momentum. Shiba Inu burn activity has dropped to about $5 worth of SHIB daily. SHIB’s price remains below all major EMAs, maintaining a bearish trend. Shiba Inu is trading at $0.00000476, holding a tight range between $0.000004638 and $0.000004789 over the past 24 hours. The memecoin…
In brief Rep. Bryan Steil (R-Wis.) introduced the Stop Lawmakers from Predicting Act on Thursday. The bill would bar members of Congress, their spouses, and dependent children from wagering on policy outcomes, government actions, or elections via prediction markets. It also builds on broader federal scrutiny of platforms like Kalshi and Polymarket, including a Senate…
In brief Charles Schwab is reportedly entering the prediction market space in collaboration with Cboe Global Markets. The firm had previously telegraphed it may look to add prediction markets, but not for sports or entertainment. Markets will instead focus on S&P 500 performance to start, and are expected to roll out in the coming months….
Bitcoin’s blockchain is showing its strongest activity since late 2024, creating a rare split between rising network use and a weakening market price. CryptoQuant said in a note shared with CryptoSlate that its Bitcoin Network Activity Index has moved above its long-term trend for the first time since mid-2024. The index has climbed steadily since…
